Cloudcheckr

Last updated
CloudCheckr, Inc.
Company type Private (acquired)
IndustryCloud management software
Founded2011
FoundersAaron Charles Newman, Aaron Klein
HeadquartersRochester, New York, U.S.
Key people
Tim McKinnon (CEO, from 2019); Aaron C. Newman (Executive Chairman)
Parent NetApp (via Spot by NetApp)
Website cloudcheckr.com   OOjs UI icon edit-ltr-progressive.svg

CloudCheckr is an American cloud management software company headquartered in Rochester, New York. [1] [2] The company provides tools for cloud cost optimization, security, compliance, automation, and governance for organizations operating on public cloud services. [2]

Contents

History

CloudCheckr was founded in 2011 by Aaron C. Newman and Aaron Klein. [3] Newman, a serial entrepreneur, served as CEO during the company’s early years and later transitioned to executive chairman. [4] [5]

The company expanded from Amazon Web Services (AWS) support to a multi-cloud platform incorporating Microsoft Azure, Google Cloud, and others. [6] In June 2019, CloudCheckr appointed Tim McKinnon as CEO, while Newman became executive chairman. [7] [5]

In October 2021, NetApp announced its acquisition of CloudCheckr, integrating the product into its Spot by NetApp CloudOps portfolio. [8] [9] [10]

Funding

The company raised approximately US$50 million in a 2017 Series A round led by Level Equity, followed by a US$15 million Series B round in 2019. [8] [11]

In 2021, CloudCheckr reportedly had about 600 customers and around US$29 million in annual revenue, with a staff of roughly 150. [9]

Acquisition by NetApp

NetApp’s 2021 acquisition of CloudCheckr was part of its broader strategy to expand FinOps capabilities and cloud resource optimization. [8] Industry analysts noted that the combination of CloudCheckr’s cost visibility and Spot’s automation offered enterprises a more comprehensive FinOps solution. [12]

Philanthropy

Co-founder Aaron Newman has contributed to educational and STEM programs, including establishing a US$25,000 endowed STEM scholarship at Monroe Community College. [13]

References

  1. Ericson, Paul (2021-10-05). "CloudCheckr to be acquired by Fortune 500 firm". Rochester Beacon. Retrieved 2025-11-19.
  2. 1 2 Fanelli, Gino (2019-05-16). "Climbing the startup mountain with Aaron Newman". Rochester Business Journal. Retrieved 2025-11-19.
  3. Clausen, Todd. "CloudCheckr grows at Village Gate and in the 'cloud'". Democrat and Chronicle. Retrieved 2025-11-26.
  4. "Advice From a Founder: Q&A with CloudCheckr's Aaron Newman | AWS Startups Blog". aws.amazon.com. 2014-07-22. Retrieved 2025-11-19.
  5. 1 2 Clausen, Todd. "CloudCheckr grows at Village Gate and in the 'cloud'". Democrat and Chronicle. Retrieved 2025-11-19.
  6. Muthusamy, Arunprabhu (2023-03-27). "What does CloudCheckr offer for Azure Cost Optimization?". Turbo360. Retrieved 2025-11-19.
  7. Mellor, Chris (2021-10-04). "NetApp buys CloudCheckr so its customers can control cloud costs better". Blocks and Files. Retrieved 2025-11-26.
  8. 1 2 3 "NetApp buys CloudCheckr so its customers can control cloud costs better". Blocks & Files. October 4, 2021.
  9. 1 2 "NetApp sells Spot and CloudCheckr to cloud cost control company Flexera". SiliconANGLE. 2025-01-15. Retrieved 2025-11-19.
  10. "Flexera to scoop up parts of NetApp's portfolio". Techzine Global. 2025-01-15. Retrieved 2025-11-26.
  11. Falconer, Kirk (2017-05-26). "Mistral Venture Partners II raises most of $35 mln target, invests in Blue J Legal". Venture Capital Journal. Retrieved 2025-11-19.
  12. "Market Alert: NetApp Agrees to Acquire CloudCheckr". Amalgam Insights. October 5, 2021.
  13. "Activity Report June 1, 2018 through August 31, 2018" (PDF). Monroe Community College.